Let’s meet on the moon. | MarketTalk: What’s up today? | Swissquote

Bitcoin added another 10% yesterday and came just shy of the $90K per coin, while Ethereum flirted with the $3400 mark. Tesla surged another 10%. In the traditional currencies, the US dollar index is pushing higher along with the US yields on expectation that Trump’s pro-growth policies and tariffs would lead to higher inflation and softer-than-otherwise policy easing from the Federal Reserve. That’s in contrast with the worsening economic and political outlook for the Eurozone, with Germany preparing for a snap election on government’s inability to tackle the financial difficulties and revive growth. The euro tanked to 1.0628 against the US dollar, and to 0.8260 against the pound yesterday. In Japan, the likelihood of further policy normalization is melting by the day as one of the new PM Ishiba’s closest allies, Economic Revitalization Minister Akazawa, attended the BoJ meeting for the first time and he said that it’s important for the BoJ to continue monetary easing to ensure a complete end of deflation. In energy, the barrel of US crude kicked off the week on a negative note, while the Aussie and Loonie are bearing the brunt of strong dollar and sluggish China. Listen to find out more!